Skip to main content

About your Search

Search Results 0 to 2 of about 3 (some duplicates have been removed)
Oct 1, 2012 6:00am EDT
pay u.s. taxes on those german profits until you bring the money back to the in united states. it sounds rational and ok. what has happened is things are so complicated now that companies invent -- big, multi- national companies invent subsidiaries in all the parts of the world, and apple does this and google does it and cisco. they invent the subsidiaries where the profits are supposedly made in some tax haven where the company has nothing but a law firm and you do not pay tax. this is the only thing we could not reconcile. i think if you adopt the idea that you continue to defer taxes overseas, that no american company will ever report earning a penny in the united states because they will set up all this crazy stuff. >> the further problem is if they would pay u.s. taxes, if the money were brought in the united states, and the tax rate is the highest in the world, then they do not bring the money back into the united states. they are constantly being accused of doing all of their investment and hiring and so forth in other countries. part of the reason is they are hugely disinc
Search Results 0 to 2 of about 3 (some duplicates have been removed)